Plum Super - MySuper

Plum Super was established in 1998 and is part of the MLC Super Fund. Plum Super provides integrated and innovative super solutions for current and former employees of some of Australia's largest organisations and their eligible spouses.The MySuper option is the fund's default investment option, whilst choice members may also select from a range of Pre-mixed, Sector Specific and Diversified investment options. The fund's MySuper offering changed from a single diversified investment option to a lifecycle option in March 2019. No investment history is currently available for this product. Please note that the rated MySuper Growth option sits within the Growth (77-90%) option category.Fees are higher than the industry average across medium and large account balances assessed; however, remain competitive on smaller account balances. The fund does not charge switching fees or ext fees, although a buy-sell spread may apply.Plum Super's insurance offering allows eligible members to apply for an unlimited amount of Death cover and up to $5 million of TPD cover. Members can also apply to increase cover following the occurrence of a prescribed Life Event without additional underwriting. Income Protection with a benefit period of 2 years, 5 years or to age 65, covering up to 75% of salary, is available following a 30, 60, 90 or 180 day waiting period. Additional benefits available include access to free scaled advice, full financial planning services, high quality educational programs, interactive tools and calculators, as well as the ability to view account details and perform transactions online.